Thursday, November 15, 2018 12:43:18 PM
Zone 1 - Lowest zone in Mohilla Triassic. First zone of the original 3 primary zones. Reported to be a tight formation with no natural cracks. Hence, not a likely commercial producer without advance stimulation which may be impractical in Israel.
Zones 2 & 3. Second and third zones of the original 3 primary zones. Also in the Mohilla Triassic and had to be combined for testing either due to their communication with each other inside the formation or inside the wellbore due to packer problems. These zones were also reported to be tight formations with no natural cracks. Hence likely not commercial.
When my post was made that you referenced, it was not known if Zones 2 and 3 where in the Triassic or the lower Jurassic. In the reservoir sizing I assumed they were in the Jurassic. This is now known not to be true. The announced test results included all 3 primary zones and all were stated to be in the Triassic with future testing above the Triassic starting mid Oct.
Zones 4 & 5. Originally "secondary" zones, but now upgraded to 2 of 5 remaining primary zones. We know these zones are above the Triassic so are likely in the lower Jurassic and this is where testing would have started on Oct 14. This is the section where drilling had to be stopped for 42 days to upgrade well control including BOP and hence the section of the well that I am most excited about. We do not yet know test results for this section. My reservoir sizing would now apply to these zones as the sizing was for oil in the lower Jurassic. In other words, my sizing still applies to lower Jurassic, but we now know its not zones 2 or 3 but a higher zone(s). The sizing showed its possible that 350 million barrels are in this section with limited input data (public info only) and some assumptions. My sizing could be too high and it's also possible this section is gas only, which is OK. ZN needs revenue to sustain operations, either from oil or gas.
Zones 6, 7, and 8. Not in the original test plan, but now the 3rd, 4th, and 5th zones of the remaining 5 primary zones. I suspect the upper zones (7? and 8) are in the Cretaceous since the video of logs showed hydrocarbons there which was confirmed by logs. Zone 6 and maybe zone 7 might be in the upper Jurassic. This formation had fractured carbonate, which is a great reservoir rock and it showed gas. However, the upper Jurassic had less gas than the lower Jurassic, low pressure, and formations with water. So, zone 6 could be in the lower Jurassic, upper Jurassic, or even a third zone in the Cretaceous. There are many combinations here, but I assume the lower Jurassic is being tested for sure.
Bottom line is that testing on Oct 14 most likely started in Zone 4 (test from bottom up) which is most likely in the lower Jurassic (above the Triassic with awesome drill and log data). Also, my reservoir sizing still applies to the lower Jurassic regardless of what zone # it is assigned.
Hope this helps!
Recent ZNOG News
- Form 8-K - Current report • Edgar (US Regulatory) • 08/22/2024 09:17:16 PM
- Form 424B5 - Prospectus [Rule 424(b)(5)] • Edgar (US Regulatory) • 08/22/2024 09:16:23 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/06/2024 08:30:34 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 07/09/2024 08:00:20 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/26/2024 07:38:34 PM
- Form 424B5 - Prospectus [Rule 424(b)(5)] • Edgar (US Regulatory) • 02/26/2024 07:37:29 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 01/29/2024 04:44:22 PM
- Form 424B5 - Prospectus [Rule 424(b)(5)] • Edgar (US Regulatory) • 01/29/2024 04:43:39 PM
- Form SC 13G - Statement of acquisition of beneficial ownership by individuals • Edgar (US Regulatory) • 01/25/2024 07:42:44 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/23/2024 02:54:41 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 01/10/2024 09:31:36 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/09/2024 07:45:12 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/08/2024 07:33:31 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/08/2024 07:26:42 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/08/2024 07:19:45 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/08/2024 07:08:07 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/08/2024 06:58:32 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 12/20/2023 04:50:59 PM
- Form 424B5 - Prospectus [Rule 424(b)(5)] • Edgar (US Regulatory) • 12/20/2023 04:49:39 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 12/12/2023 07:38:56 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 12/06/2023 05:43:07 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 11/09/2023 09:31:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 11/06/2023 02:38:05 PM
- Form 424B5 - Prospectus [Rule 424(b)(5)] • Edgar (US Regulatory) • 11/06/2023 02:35:45 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 10/02/2023 03:35:05 PM
North Bay Resources Commences Operations at Bishop Gold Mill, Inyo County, California; Engages Sabean Group Management Consulting • NBRI • Sep 25, 2024 9:15 AM
CEO David B. Dorwart Anticipates a Bright Future at Good Gaming Inc. Through His Most Recent Shareholder Update • GMER • Sep 25, 2024 8:30 AM
Cannabix Technologies and Omega Laboratories Inc. Advance Marijuana Breathalyzer Technology - Dr. Bruce Goldberger to Present at Society of Forensic Toxicologists Conference • BLOZF • Sep 24, 2024 8:50 AM
Integrated Ventures, Inc Announces Strategic Partnership For GLP-1 (Semaglutide) Procurement Through MedWell USA, LLC. • INTV • Sep 24, 2024 8:45 AM
Avant Technologies Accelerates Creation of AI-Powered Platform to Revolutionize Patient Care • AVAI • Sep 24, 2024 8:00 AM
VHAI - Vocodia Partners with Leading Political Super PACs to Revolutionize Fundraising Efforts • VHAI • Sep 19, 2024 11:48 AM